A Tradition of Trust 
Amy Assaad TOP 1% OF REALTOR'S IN CANADA Montreal, QC
Phone: 514-934-1818 Email Amy

1700 Boul. St-Joseph E Plateau (Montréal, Quebec, CA - H2H 1V6) Built

$1,735,000

Royal LePage Heritage

Amy Assaad Amy Assaad 514-934-1818 (Office) Request More Info

  • Le Plateau-Mont-Royal (Montréal)
  • Type: Residential
  • Style: Multiplex "11 Units"
  • Lot Type: Rectangular
  • Year Built: 1932 "Semi-Detached Renovated"

Description

This multi-residential building of 11 units situated in Le Plateau benefits from an attractive façade and high-visibility location from both automobile and pedestrian traffic. Neighboured by Sir Wilfred Laurier and Lafontaine parks, boutiques and restaurants bordering Laurier East, UQAM campus, as well as a number of amenities on Mount Royal.

** Addendum
Rénovations:
- Fenêtres 2000 à 2001 $42 665
- Balcons 2001 $11 000
- Toiture 2002 $9 087
- Plomberie (complet) 2006 $20 836
- Système de chauffage 2007 $20 976
- Enveloppe extérieure 2007 et 2011 $22 846
- Portes et escaliers 2002 à 2010 $56 391

*The building features a variety of units mainly, spacious 2 bedroom apartments as well a commercial unit, occupying a 1 bedroom apartment. The property is in close proximity to commodities surrounding and very easily accessible to Metro Laurier, only steps away. The metro allows tenants to travel to Downtown Montreal in less than 15 minutes via the orange line.

*Renovations:
Windows 2000-2001, Balconies 2001, Roof 2002, Plumbing (complete) 2006, Heating System 2007, Exterior Envelope 2007 and 2011, Doors and stairs 2002-2010.

*Expenses:
-Insurance $6,717
-Electricity $503
-Gaz $8,931

*One apartment 3 1/2 unit is rented as a office space to an individual lawyer
The 6 1/2 may be considered a 7 1/2

** Number of Units 11 Residentials

2 Unit - 2 1/2 type
3 Unit - 3 1/2 type
5 Unit - 4 1/2 type
1 Unit - 6 1/2 type

** Total 11

** Potential Gross Revenue (2015-06-22)
* Residential $123,936
* Commercial -
* Parking/Garages: $2,400 ;
* Other
** Total - $126,336

**Vacancy Rate and Bad Debt
Residential
Commercial
Parking/Garages
Other
** Total

** Effective Gross Revenue - $126,336 .

** Operating Expenses
* Municipal Taxes (2015) - $12,225 ;
* School Taxes (2015) - $2,046 ;
- Infrastructure Taxes
- Business Taxes
- Water Taxes
* Energy - Electricity - ;
- Energy - Heating Oil ;
Elevator(s)
* Energy - Gas - $8,931 ;
Elevator(s)
* Insurance - ;
- Cable (TV) - ;
- Superintendant
- Sanitary Container
- Snow Removal
* Maintenance ;
-Equipment (Rental)
- Common Expenses
- Management/Administration
- Garbage
- Lawn
- Advertizing
- Security
- Recovery of expenses
** Total Operating Expenses - $23,202
** Net Operating Revenue - $103,134.

** Monthly Revenue (residential) - 11 unit(s)
**
** Annual Potential Gross Revenue (residential) $123,936 (2015-06-23)

** Other Monthly Revenue (Parking/Garages):

** Annual Potential Gross Revenue (Other) $2,400 (2015-07-15)

Attachments

Highlights

  • Occupancy - According to the leases
  • Near - Papineau
  • Proximity - Bicycle path, CEGEP, Highway, Hospital, Metro, Park, Public transportation, University

Features

Interior Features

  • Carpeted Floors
  • Hardwood Floors

Exterior Finish

  • Brick

View

  • Panoramic

Lot Features

  • Corner Lot

Extra Features

  • Balcony
P2#164737930
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Information is deemed to be correct but not guaranteed.

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